Posts Tagged ‘steamflood technology’

Chevron Fires Up Production at Indonesia’s North Duri Field

November 30th, 2008

Chevron Corporation announced that its wholly owned subsidiary, PT Chevron Pacific Indonesia, has started producing crude oil from the North Duri Field Area 12 in Indonesia, where Chevron produces nearly half the nation’s crude oil.
First oil was achieved on Nov. 14, 2008, and production is projected to increase to 34,000 barrels of crude oil per [...]

Kingdom of Saudi Arabia and Chevron Extend PNZ Operating Agreement 30 years

September 15th, 2008

Monday, Sep 15, 2008
SAN RAMON, Calif., September 10, 2008 - Chevron Corporation (NYSE: CVX) today announced the extension and amendment of its agreement with the Kingdom of Saudi Arabia. This agreement grants Chevron the right to operate on behalf of the Saudi government for its 50 percent undivided interest in the petroleum resources of the [...]